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Rent by ZIP · Cook County

Rent in Palos Park, IL 60464

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,100 (-7.1% vs FY2026). Renters in this ZIP code pay a median $2,161 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,750$1,880-6.9%$1,575–1,925–
1 bedroom$1,860$2,000-7%$1,674–2,046–
2 bedrooms$2,100$2,260-7.1%$1,890–2,310–
3 bedrooms$2,700$2,900-6.9%$2,430–2,970–
4 bedrooms$3,080$3,420-9.9%$2,772–3,388–

Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.

What renters pay in 60464

Median gross rent$2,161±$873 · all sizes
Renter households50613% of occupied homes
No cash rent40households

How rents are spread

Under $1,00041%
$1,000–1,4990%
$1,500–1,9990%
$2,000–2,49929%
$2,500–2,99912%
$3,000–3,4990%
$3,500+18%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60463Palos Heights$2,620–
60465Palos Hills$1,780$1,428
60462Orland Park$1,960$1,407
60466Park Forest$1,980$1,417
60461Olympia Fields$2,410–
60467Orland Park$2,880$2,594

Fair Market Rents across Cook County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.